CAP is a series of European interest rate call options used to protect against rate moves above a set strike level.
RECOURSE, in finance, is the right to demand payment from the maker or endorser of a negotiable instrument (as a check). See RECOURSE NOTE.
TRUST FUND is a fiduciary relationship calling for a trustee to hold the title to assets, usually monetary, for the benefit of the beneficiary.
Enter a term, then click the entry you would like to view.